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H World Group Limited Reports Second Quarter and Interim of 2022 Financial Results

August 29, 2022

  • A total of 8,176 hotels or 773,898 hotel rooms in operation as of June 30, 2022.
  • Hotel turnover1 decreased 10.3% year-over-year to RMB11.8 billion in the second quarter of 2022. Excluding Steigenberger Hotels AG and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover decreased 18.9% year-over-year in the second quarter of 2022.
  • Revenue decreased 5.7% year-over-year to RMB3.4 billion (US$504 million)2 in the second quarter of 2022, in line with the revenue guidance previously announced of a 2% to 6% decrease compared to the second quarter of 2021. Revenue from Legacy-Huazhu segment in the second quarter of 2022 decreased 26.8% year-over-year, in line with revenue guidance previously announced of a 23% to 27% decrease.

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